Illinois Tool Works, Inc’s filing revealed that its SVP & Chief HR Officer Lawler Mary Katherine unloaded Company’s shares for reported $3.18 million on Nov 06 ’24. In the deal valued at $272.95 per share,11,647 shares were sold. As a result of this transaction, Lawler Mary Katherine now holds 26,003 shares worth roughly $7.11 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Lawler Mary Katherine bought 11,647 shares, generating $3,179,049 in total proceeds.
Before that, Zimmerman Michael R. bought 15,657 shares. Illinois Tool Works, Inc shares valued at $4,121,577 were divested by the Officer at a price of $263.24 per share.
Barclays upgraded its Illinois Tool Works, Inc [ITW] rating to an Equal weight from a an Underweight in a research note published on December 05, 2024; the price target was increased to $270 from $230. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in mid November from “an In-line” to “an Underperform”. Truist began covering ITW with “Buy” recommendation on March 14, 2024. Wells Fargo revised its rating on February 06, 2024. It rated ITW as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of ITW
On Friday, Illinois Tool Works, Inc [NYSE:ITW] saw its stock fall -0.63% to $273.53. Over the last five days, the stock has lost -1.44%. Illinois Tool Works, Inc shares have risen nearly 4.42% since the year began. Nevertheless, the stocks have risen 10.79% over the past one year. While a 52-week high of $279.13 was reached on 11/27/24, a 52-week low of $232.77 was recorded on 07/01/24. SMA at 50 days reached $265.70, while 200 days put it at $253.31.
Levels Of Support And Resistance For ITW Stock
The 24-hour chart illustrates a support level at 272.14, which if violated will result in even more drops to 270.75. On the upside, there is a resistance level at 276.08. A further resistance level may holdings at 278.62. The Relative Strength Index (RSI) on the 14-day chart is 55.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.16, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 37.79%. Stochastics %K at 71.46% indicates the stock is a holding.
How much short interest is there in Illinois Tool Works, Inc?
A steep rise in short interest was recorded in Illinois Tool Works, Inc stocks on 2024-11-15, dropping by -0.72 million shares to a total of 5.53 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 6.25 million shares. There was a decline of -12.96%, which implies that there is a negative sentiment for the stock.
